May 15, 2026
image
Home Archive by category BUSINESS (Page 49)

BUSINESS

BUSINESS

Who is afraid of Fidelity Bank?

Daily Dispatch
By Udeme Etukeyen Leading up to the recent superlative annual reports showcasing one of the most significant growth experienced by a Nigeria Financial Institution in recent years I was forced to ask “what is Fidelity Bank” doing right? My banking and financial sector experience got me digging deeper into the statistics of the report-Fidelity Bank […]
BUSINESS

CBN reassures the public of banking stability

Daily Dispatch
The Central Bank of Nigeria on Monday dismissed reports suggesting distress in a regulated financial institution, describing the claims as misleading and capable of triggering unnecessary panic in the financial system.In a press statement signed by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank assured Nigerians that the country’s banking
BUSINESS

Why Fidelity Bank Plc is too big to fail

Daily Dispatch
Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment. As the matter is still before the court and there’s […]
BUSINESS

Tinubu approves licences for North’s oil project

Daily Dispatch
President Bola Tinubu has granted regulatory approvals for the issuance of all critical licences required for the Kolmani Integrated Development Project, a multibillion-dollar oil exploration initiative located between Bauchi and Gombe states. The development was disclosed by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, during the